Free Essay

My Business Model

In: Business and Management

Submitted By tammied
Words 306
Pages 2
Business Model
Tammie Clayton
Bus/210
March 22, 2013
Allen Barton

Business Model
One business that I frequent on a daily basis is our local Cannon Station which is a gas station. I visit this business at least twice a day if not more. They service our community with goods such as gas, groceries, beer, and other items. This business provides and distributes goods and services that people want and are in demand. Below I will provide the three most important components of the business.
The Business Commerce portion of this business is this business providing the surrounding residents and community with products such as gasoline, groceries, and other products that are in demand for a competitive price.
The Business Occupation portion of the service station offers a number of services all complied In one location. Gasoline, coffee, candy, beer, wine, cigarettes, lotto scratch offs, prepaid phone cards, etc. It has acquired a set of specialized skills and abilities that allows people to create and obtain valuable goods and services.
The Business Organization ensures that when you visit the local Cannon Station it is safe, secure, and gives you all the benefits of any other service station but with quality services at a reasonable, comparable price. Their employees are knowledgeable and trained well in all aspects of the business and provide quality services at all times.
Our economic system is guided by the interaction of buyers and sellers, the sellers provide consumer products, goods and services purchased by individuals for personal consumption. This business model is to trade a product for money. They provide goods and services depending on daily demands. The Cannon Station is able to produce certain products such as coffee and certain soft drinks that has the company’s logo. Producing and disturbing the products allows for a greater profit and increases profitability.

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